Ather Energy commits ₹122 crore to add 225,000 units of annual EV two-wheeler capacity across two Indian plants
By Eve
Ather Energy will invest approximately ₹122 crore to expand manufacturing at its Hosur facility in Tamil Nadu and Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra, raising combined annual capacity from 920,000 to 1.145 million electric two-wheelers. The board approved the plan on 26 October 2026, allocating ₹58 crore to Hosur for an additional 75,000 units per year (completion December 2026) and the remainder to Factory 3.0 for 150,000 units, with rollout through FY28. Of the Hosur spend, ₹53 crore funds a new battery line to mitigate supply-chain risks, financed by debt and internal accruals.
Why it matters
The expansion signals procurement opportunities for battery assembly equipment, production line hardware and construction services at both sites, with Hosur already running at 98% utilisation. A dedicated battery line also points to potential supplier tenders for cell sourcing and battery management systems as Ather seeks to secure its supply chain.
Source
- Original title
- “Ather Energy To Invest ₹122 Crore In Manufacturing Capacity Expansion”
- Published
- 26 October 2026
In this story
- Topic
- Electric Vehicles
- Place
- India
- Tag
- Ather Energy
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